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1005 Joe Harvey Blvd
Hobbs, NM 88240

Retail Property For Sale

Retail Space New Mexico Hobbs 1005 Joe Harvey Blvd, Hobbs, NM 88240

Investment Highlights

  • Long-Term Absolute NNN Lease | Contractual Rental Increases
  • Strong Real Estate Fundamentals | Proximity to Major Traffic Thoroughfares
  • Synergistic Retail Location | Across the Street from The Home Depot
  • Passive Lease Structure | Zero Landlord Responsibilities
  • Strong Operator | Nation's Largest Franchisee of Church's
  • Major Day-Time Traffic | Covenant Health Hobbs Hospital & Colleges

Executive Summary

CHURCH'S CHICKEN - HOBBS, NM | LONG-TERM ABSOLUTE NNN LEASE | STRONG OPERATOR

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
2019
Price
$2,724,733 CAD
Price Per SF
$1,135 CAD
Cap Rate
5.66%
NOI
$154,163 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.85 AC
Parking
94 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4980904115217
  • 4990820132958
 Improvements Assessment $420,145 CAD
Land Assessment $286,247 CAD Total Assessment $706,392 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4980904115217
  • 4990820132958
Land Assessment
$286,247 CAD
Improvements Assessment
$420,145 CAD
Total Assessment
$706,392 CAD
 

  • Listing ID: 33311878

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 1005 Joe Harvey Blvd, Hobbs, NM 88240

The Retail Property at 1005 Joe Harvey Blvd, Hobbs, NM 88240 is currently available for sale. Contact Echo West Capital Advisors for more information.

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